2015 Q2 Form 10-Q Financial Statement
#000155335015000423 Filed on May 08, 2015
Income Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q4 |
---|---|---|---|
Revenue | $48.10K | $310.1K | |
YoY Change | -80.9% | 45.33% | |
Cost Of Revenue | $270.0K | $188.1K | |
YoY Change | 50.07% | 17.67% | |
Gross Profit | $100.1K | $122.0K | |
YoY Change | 39.32% | 127.94% | |
Gross Profit Margin | 208.19% | 39.34% | |
Selling, General & Admin | $487.5K | $455.7K | |
YoY Change | 2.15% | 10.4% | |
% of Gross Profit | 486.8% | 373.64% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.421K | $3.336K | |
YoY Change | 29.3% | ||
% of Gross Profit | 3.42% | 2.74% | |
Operating Expenses | $487.5K | $455.7K | |
YoY Change | 2.15% | 10.4% | |
Operating Profit | -$387.3K | -$333.8K | |
YoY Change | -4.44% | -7.1% | |
Interest Expense | $446.00 | $0.00 | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$441.00 | ||
YoY Change | -3250.0% | ||
Pretax Income | -$387.8K | -$333.8K | |
YoY Change | -4.33% | -7.1% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$387.8K | -$334.2K | |
YoY Change | -4.33% | -6.97% | |
Net Earnings / Revenue | -806.2% | -107.78% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.01 | -$0.01 | |
COMMON SHARES | |||
Basic Shares Outstanding | 33.90M shares | 33.76M shares | 32.80M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2015 Q1 | 2014 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $290.0K | $440.0K | |
YoY Change | |||
Cash & Equivalents | $289.4K | $437.1K | $590.2K |
Short-Term Investments | |||
Other Short-Term Assets | $60.00K | $80.00K | |
YoY Change | |||
Inventory | $996.2K | $916.6K | $776.4K |
Prepaid Expenses | |||
Receivables | $13.32K | $4.957K | $4.110K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $1.361M | $1.436M | $1.457M |
YoY Change | 19.28% | 52.27% | -3.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $38.59K | $41.13K | $38.07K |
YoY Change | 5.19% | 14.45% | 10.36% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $13.05K | $12.58K | $12.58K |
YoY Change | -11.24% | -14.42% | -14.42% |
Total Long-Term Assets | $848.2K | $796.1K | $493.9K |
YoY Change | 115.57% | 113.89% | 435.99% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.361M | $1.436M | $1.457M |
Total Long-Term Assets | $848.2K | $796.1K | $493.9K |
Total Assets | $2.210M | $2.232M | $1.951M |
YoY Change | 43.97% | 69.71% | 21.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $277.1K | $281.7K | $270.3K |
YoY Change | 57.22% | 68.05% | 47.82% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $0.00 | $30.00K | |
YoY Change | |||
Total Short-Term Liabilities | $280.0K | $310.0K | |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $280.0K | $310.0K | |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $279.8K | $306.7K | $318.2K |
YoY Change | 55.9% | 67.99% | 51.63% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$5.207M | -$4.819M | -$4.485M |
YoY Change | 39.27% | 44.57% | 50.79% |
Common Stock | $7.087M | $6.695M | $6.076M |
YoY Change | 39.77% | 50.72% | 39.92% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.501K | $2.501K | $2.501K |
YoY Change | 0.0% | 0.0% | 0.0% |
Treasury Stock Shares | 360.0K shares | 360.0K shares | 360.0K shares |
Shareholders Equity | $1.930M | $1.925M | $1.633M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.210M | $2.232M | $1.951M |
YoY Change | 43.97% | 69.71% | 21.87% |
Cashflow Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$387.8K | -$334.2K | |
YoY Change | -4.33% | -6.97% | |
Depreciation, Depletion And Amortization | $3.421K | $3.336K | |
YoY Change | 29.3% | ||
Cash From Operating Activities | -$370.0K | -$420.9K | |
YoY Change | -3.19% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | -$100.0K | $6.388K | |
YoY Change | 59.06% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$100.0K | -$59.39K | |
YoY Change | -80.47% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | $22.82K | ||
YoY Change | 90.18% | ||
Cash From Financing Activities | 310.0K | $327.2K | |
YoY Change | 419.34% | ||
NET CHANGE | |||
Cash From Operating Activities | -370.0K | -$420.9K | |
Cash From Investing Activities | -100.0K | -$59.39K | |
Cash From Financing Activities | 310.0K | $327.2K | |
Net Change In Cash | -160.0K | -$153.1K | |
YoY Change | -77.34% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$370.0K | -$420.9K | |
Capital Expenditures | -$100.0K | $6.388K | |
Free Cash Flow | -$270.0K | -$427.3K | |
YoY Change | -2.62% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
33903059 | shares |
CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1435748 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
437112 | USD |
CY2015Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4957 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
77121 | USD |
CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
916558 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
41126 | USD |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
742387 | USD |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
12580 | USD |
CY2015Q1 | us-gaap |
Assets
Assets
|
2231841 | USD |
CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
281691 | USD |
CY2015Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
25043 | USD |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
306734 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
5100000 | shares |
CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
341230 | USD |
CY2015Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2501 | USD |
CY2015Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
6354245 | USD |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4818867 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1925107 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2231841 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
590236 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4110 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
86298 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
776448 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1457092 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
38074 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
443222 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
12580 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
1950968 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
270323 | USD |
CY2014Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
47866 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
318189 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4400000 | shares |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
324000000 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34123059 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
33763059 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
33483234 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
33123234 | shares |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
334832 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
360000 | shares |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
5741109 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4484661 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1632779 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1950968 | USD |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
5100000 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
360000 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
324000000 | shares |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4400000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2015Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
261724 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
202830 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
10540 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
213370 | USD |
CY2014Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
159860 | USD |
CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
121973 | USD |
CY2014Q1 | us-gaap |
Gross Profit
GrossProfit
|
53510 | USD |
CY2014Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
412793 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-333769 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-359283 | USD |
CY2014Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
20 | USD |
CY2015Q1 | us-gaap |
Other Income
OtherIncome
|
-437 | USD |
CY2014Q1 | us-gaap |
Other Income
OtherIncome
|
20 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-359263 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
72816 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
10617 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
48359 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
310083 | USD |
CY2015Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
188110 | USD |
CY2015Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
455742 | USD |
CY2015Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-334206 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
USD | |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-407022 | USD |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35561212 | shares |
CY2014Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
USD | |
CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-369880 | USD |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34291368 | shares |
CY2015Q1 | us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
0.75 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
300 | USD |
CY2015Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.50 | |
CY2015Q1 | bmaq |
Stock Issued During Period Value Series A Preferred Shares
StockIssuedDuringPeriodValueSeriesAPreferredShares
|
100000 | USD |
CY2015Q1 | bmaq |
Stock Issued During Period Value Preferred Shares
StockIssuedDuringPeriodValuePreferredShares
|
250000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.10 | pure |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
13734 | USD |
CY2015Q1 | us-gaap |
Business Acquisition Share Price
BusinessAcquisitionSharePrice
|
0.75 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
262500 | USD |
CY2015Q1 | bmaq |
Stock Issued During Period Value Stock Dividend Series B
StockIssuedDuringPeriodValueStockDividendSeriesB
|
USD | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
USD | |
CY2015Q1 | bmaq |
Stock Issued During Period Value Stock Dividend Series C
StockIssuedDuringPeriodValueStockDividendSeriesC
|
USD | |
CY2015Q1 | us-gaap |
Depreciation
Depreciation
|
3336 | USD |
CY2014Q1 | us-gaap |
Depreciation
Depreciation
|
2580 | USD |
CY2015Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
40335 | USD |
CY2014Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
21381 | USD |
CY2015Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
13734 | USD |
CY2014Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
25762 | USD |
CY2015Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
300 | USD |
CY2014Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
USD | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
847 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2478 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
140110 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
109569 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9177 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-2039 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-12632 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-15248 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-420913 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-434796 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6388 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4016 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
53000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
300000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-59388 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-304016 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
25000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
350000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
50000 | USD |
CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
22823 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
12001 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
327177 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
62999 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-153124 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-675813 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1162632 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
486819 | USD |
CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
445 | USD |
CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
USD | |
CY2015Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2014Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
CY2015Q1 | us-gaap |
Stock Issued1
StockIssued1
|
262500 | USD |
CY2014Q1 | us-gaap |
Stock Issued1
StockIssued1
|
USD | |
CY2015Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="line-height: 11pt; margin-top: 0px; margin-bottom: 8.867px; font-family: 'times new roman';"><font style="font-size: 10pt;"><b>Organization and Nature of Operations</b></font></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">Bright Mountain Acquisition Corporation and subsidiaries, formerly known as Bright Mountain Holdings, Inc., and subsidiaries ("BMAQ" or the "Company," "we," "us," "our", "Bright Mountain") is a Florida corporation formed on May 20, 2010. Its wholly owned subsidiaries, Bright Mountain LLC, and The Bright Insurance Agency, LLC, were formed as Florida limited liability companies in May 2011.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">The Bright Insurance Agency, LLC was formerly known as Five Peaks, LLC. On September 25, 2013 Five Peaks, LLC filed Articles of Amendment to the Articles of Organization with the State of Florida to amend its entity name to The Bright Insurance Agency, LLC.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">The Company is a media and Internet company, which sells various products through our websites and third party portals such as Amazon.com and Ebay.com and provides content to attract and retain Internet audiences.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">The Company's revenue consists principally of product sales and advertising revenue, which is generated primarily through the display of paid listings as well as display advertisements appearing on its websites.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">The Company obtained approximately <font>44</font>% of its advertising revenue for the three months ended March 31, 2015 from a third-party provider, namely Google AdSense. Paid listings are priced on a price per click basis and when a user submits a search query and then clicks on a Google AdSense paid listing displayed in response to the query, Google bills the advertiser that purchased the paid listing directly and shares a portion of the fee charged to the advertiser with the Company. The Company's remaining <font>56</font>% of advertising revenue was from direct advertising and subscriptions.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">Bright Mountain plans to grow its business through organic growth and acquisitions. The Bright Mountain strategy is to concentrate its marketing and development primarily to military and public safety audiences.</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <p style="line-height: 11pt; margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">Our websites contain a number of sections with a vast amount of demographically oriented information including originally written news content, blogs, forums, career information, and video. Bright Mountain Acquisition Corporation's websites are:</font></p> <p style="line-height: 8pt; margin: 0px; font-family: 'times new roman';"><br/></p> <div class="CursorPointer"> <table style="margin-top: 0px; font-size: 10pt; width: 100%;" cellpadding="0" cellspacing="0"> <tr style="font-size: 0;"> <td style="vertical-align: top; text-align: left;" width="80"></td> <td style="vertical-align: top; text-align: left;"></td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Bootcamp4me.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Bootcamp4me.org;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Brightwatches.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Coastguardnews.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Fdcareers.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Fireaffairs.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">FireFightingNews.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Gopoliceblotter.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">JQPublicblog.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Leoaffairs.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">PopularMilitary.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Teacheraffairs.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Thebravestonline.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Thebright.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">USMCLife.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Wardocumentaryfilms.com;</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">Welcomehomeblog.com; and</font></p> </td> </tr> <tr> <td style="margin-top: 0px;" width="80"> <p style="margin: 0px; text-indent: 48px; font-family: Symbol;"><font style="font-size: 10pt;">•</font></p> </td> <td style="margin-top: 0px;"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;">360fire.com</font></p> </td> </tr> </table> </div> <p style="line-height: 11pt; margin: 0px; font-family: 'times new roman';"><br/></p> </div> | |
CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;"><b>Use of Estimates</b></font></p> <p style="margin: 0px; font-family: 'times new roman';"><br/></p> <p style="margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">Our condensed consolidated financial statements are prepared in accordance with Accounting Principles Generally Accepted in the United States ("GAAP"). These accounting principles require management to make certain estimates, judgments, and assumptions. We believe that the estimates, judgments, and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments, and assumptions are made. These estimates, judgments, and assumptions can affect the reported amounts of assets and liabilities as of the date of our consolidated financial statements as well as reported amounts of revenue and expenses during the periods presented. Our consolidated financial statements would be affected to the extent there are material differences between these estimates and actual results. In many cases, the accounting treatment of a particular transaction is specifically dictated by GAAP and does not require management's judgment in its application. There are also areas in which management's judgment in selecting any available alternative would not produce a materially different result. Significant estimates included in the accompanying consolidated financial statements include the fair value of acquired assets for purchase price allocation in business combinations, valuation of inventory, valuation of intangible assets, estimates of amortization period for intangible assets, estimates of depreciation period for fixed assets, valuation of equity based transactions, and the valuation allowance on deferred tax assets.</font></p> </div> | |
CY2014Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
USD | |
CY2015Q1 | us-gaap |
Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0px; font-family: 'times new roman';"><font style="font-size: 10pt;"><b>Sales Return Reserve Policy</b></font></p> <p style="margin: 0px; font-family: 'times new roman';"><br/></p> <p style="margin: 0px; text-indent: 48px; font-family: 'times new roman';"><font style="font-size: 10pt;">Our return policy generally allows our end users to return purchased products for refund or in exchange for new products. We estimate a reserve for sales returns, if any, and record that reserve amount as a reduction of sales and as a sales return reserve liability. Sales to consumers on our web site generally may be returned within a reasonable period of time.</font></p> </div> | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
CY2015Q1 | bmaq |
Percentage Of Advertising Revenue Obtained From Direct Advertising And Subscriptions
PercentageOfAdvertisingRevenueObtainedFromDirectAdvertisingAndSubscriptions
|
0.56 | pure |
CY2015Q1 | bmaq |
Term Of Subscriptions Minimum
TermOfSubscriptionsMinimum
|
P1M | |
CY2015Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
8234 | USD |
CY2014Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
19246 | USD |
CY2015Q1 | bmaq |
Property Plant And Equipment Cost Capitalization1
PropertyPlantAndEquipmentCostCapitalization1
|
500 | USD |
CY2015Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | item |
CY2015Q1 | bmaq |
Term Of Subscriptions Maximum
TermOfSubscriptionsMaximum
|
P12M | |
CY2015Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2014Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2015Q1 | bmaq |
Percentage Of Advertising Revenue Obtained From Third Party Service Provider
PercentageOfAdvertisingRevenueObtainedFromThirdPartyServiceProvider
|
0.44 | pure |
CY2015Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
78519 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0207 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0001 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0207 | pure |
CY2015Q1 | us-gaap |
Supplies
Supplies
|
520 | USD |
CY2014Q4 | us-gaap |
Supplies
Supplies
|
585 | USD |
CY2015Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
58517 | USD |
CY2014Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
85713 | USD |
CY2015Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
18084 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
72131 | USD |
CY2015Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
37393 | USD |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
34057 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
349983 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1011100 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.20 | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y6M | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
300788 | USD |
CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
0.31 | |
CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
1011100 | shares |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-333769 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.75 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
0.20 | |
CY2015Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | item |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
73246 | USD |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
100482 | USD |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
103673 | USD |
CY2015Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
24137 | USD |
CY2014Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
17830 | USD |
CY2015Q1 | us-gaap |
Stock Dividends Shares
StockDividendsShares
|
289425 | shares |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.63 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.80 | pure |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0001 | pure |
CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
1605000 | shares |
CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P7Y3M18D | |
CY2015Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
CY2015Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
40000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
||
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1605000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.31 | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M18D | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
CY2015Q1 | bmaq |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
|
0.00 | pure |
CY2014Q1 | bmaq |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
|
0.00 | pure |
CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
13734 | USD |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
87481 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.43 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1565000 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.31 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M18D | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
349983 | USD |
CY2015Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2015Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
74153 | USD |
CY2014Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
173933 | USD |
CY2015Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2015Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
CY2015Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2015Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Bright Mountain Acquisition Corp | |
CY2015Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001568385 | |
CY2015Q1 | dei |
Document Type
DocumentType
|
10-Q |